The Motorola Mobility stockholders met today and voted to approve the buyout by Google. Although,the deal isn't free to proceed, because the U.S. Department of Justice is still reviewing the plan.
Motorola Mobility has said that the meeting represented about 74% of total outstanding shares in the company, and that "approximately 99 %" voted in favor of the buyout by Google. That is a pretty overwhelming majority of votes. Still, we'll have to wait and see if the government finds reason why this acquisition shouldn't take place.
More information's:
http://mediacenter.motorola.com/Press-Releases/Motorola-Mobility-Stockholders-Approve-Merger-with-Google-38ef.aspx
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